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The $10 billion deal to buy the Canadian Goldcorp will culminate in the creation of the Newmont Goldcorp corporation. The completion of the deal is scheduled for Q2 2019. The listing of the combined company will be held in Toronto. Shareholders of Newmont and Goldcorp will receive 65% and 35% stakes of the new company. The deal was approved by the boards of directors, it remains to receive the green light from shareholders and foreign regulators. Goldcorp CEO, Gary Goldberg, believes that the merger of companies will create a new leader in the gold mining business. Both companies have long been known in the market and were considered the largest. Newmont mines in the US, Australia, Peru and Ghana, Goldcorp - in five countries.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
On Tuesday, Spirit AeroSystems Holdings Inc. (SPR.N) shares fell by 13% after its key supplier Boeing Co. (BA.N) revealed that the planemaker significantly reduced its orders for shipment this year. “Boeing indicates in the June 19 letter ...
Mexican mining output has a high chance of dropping by about 17% in 2020 due to the disruptions brought by the novel coronavirus crisis. However, it is likely to recover in the first quarter of 2021, the head of the country’s mining ...
Chinese Internet service provider Tencent Holdings Ltd (0700.HK) said on Friday that it is discussing an investment worth $200 Million in the world's largest music company Warner Music Group (WMG) as part of its initial public offering ...
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